Utilities can fuel-switch, but they can’t escape climate hysteria

“But when gas plants run harder to meet an increase in electricity demand, emissions go up. That’s what happened in 2018, when a combination of weather events and a hot economy prompted the first increase in electricity demand in years… “At some point, for our carbon emissions to continue to go down, traditional natural gas is not going to get us there anymore.”

Source: EENews.net (Subscription)

Schumer’s green energy subsidies cost much more than Trump’s wall

“Extending tax subsidy provisions primarily benefiting wind and solar power would cost nearly $32 billion over the next four years, according to Joint Committee on Taxation estimates. Permanently extending these tax subsidies could add billions more to the tab. The committee estimates solar and wind tax subsidies will cost more than $7 billion in 2019.”

Source: Daily Signal Web | PDF

Report: Wind/solar mandates to geopolitically empower China

“The global energy transformation driven by renewables will have significant geopolitical implications… It’s the first time that an international study explores the geopolitical implications of the global transition to renewable energy… The influence of some states, such as China, will grow because they have invested heavily in renewable technologies and built up their capacity to take advantage of the opportunities they create… By contrast, states that rely heavily on fossil fuel exports and do not adapt to the energy transition will face risks and lose influence… And the rapid shift away from fossil fuels could create a financial shock with significant consequences for the global economy…”

Source: EurActiv.com Web | PDF